Business Summary:
This 19-year-old company imports high quality apparel, fashion accessories, jewelry and gifts from China and distributes them to U.S. retailers. Customers include gift shops, Chinatown stores, online retailers, costume outlets and boutiques.
The company has the following attributes:
Long-term relationships with Chinese vendors of high-quality products
Access to a very large number of products at low cost
Low-cost leadership for a huge array of product lines.
Diversified product lines providing a stable inventory turnover.
Excellent customer service, resulting in a high customer retention rate
A proprietary brand of womens clothing
A website enabling efficient online order fulfillment
Sale price includes the inventory valued at $800,000. The 12,000 sq. ft. building valued at $2MM is available for lease or purchase.
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